Retirement Benefits Specialist

Position Summary

The Retirement Benefits Specialist position is responsible for assisting Vensure's Retirement Team by providing administrative support to client-sponsored retirement plans and Vensure's 401(k) Multiple Employer Plans (MEP) and Pooled Employer Plans (PEP). In this role, you will be involved in all aspects of the day-to-day operations, including plan compliance, supporting clients and participants, retirement-related payroll adjustments, and setting up new retirement plans.

The Retirement Benefit Specialist partners directly with retirement vendors to resolve issues and find improvements to plan processes.

• Assist with administration of retirement plans by uploading contribution files, resolving file errors, navigating retirement provider websites, and remitting payments.
• Support the Vensure MEPs and PEPs through daily administration including reviewing and approving distributions and participant loans, enrolling new participants, and correcting contribution errors.
• Communicate with internal and external customers regarding 401(k) administration, providing subject matter expertise and support for Vensure products and services.
• Ability to both follow and create process documents.
• Partner with Vensure's retirement vendors to perform due diligence on Vensure's MEP/PEP and resolve issues.
• Work with multiple departments including Payroll, Client Relations, and Benefits to coordinate timely administration of retirement plans.
• Coordinate year-end compliance testing and reporting for our various 401(k) plans.
• Annual Form 5500 and audit support.
• Maintain accuracy while working with high volumes in a hyper-growth environment.

• Organizational skills
• ERISA knowledge
• Strong written and oral communication skills
• Willingness to learn
• Interpersonal skills
• Detail oriented
• Proactive
• Teamwork

• Associate's Degree or equivalent combination of experience, skills, education (including other relevant non-traditional degree programs, certifications, or job training programs) preferred.
• 2+ years of retirement plan experience.
• Prism HRIS software experience a plus.

• Health Insurance
  :
  Medical, dental, and vision coverage.
• Retirement Plan
  : 401(k) with company match.
• Paid Time Off
  : PTO, holidays, parental leave and sick leave provided as required by applicable state law.
• Other Benefits
  :
  Life insurance, short-term disability, long-term disability, employee assistance program (EAP), flexible spending account (FSA), health savings account (HSA), identity theft protection, critical illness, accident, cancer, hospital protection, legal and pet insurance.
• Additional Compensation
  :
  Signing bonus, commission structure, etc., if applicable.